S
Seller's Agent in 2020
Sam Tayabali
1st Choice Real Property
(630) 336-6821
13 Total Sales
7232 Park Ave Summit, IL 60501
Summit Area
7
Beds
4
Baths
--
Sq Ft
4,356
Sq Ft Lot
About This Home
As of August 2020ALL BRICK BUILDING IN GOOD CONDITION AND VIRTUALLY MAINTENANCE FREE. SOME NEW WINDOWS, EXCELLENT RENTAL INCOME AND VERY MOTIVATED SELLER. EXCELENT LOCATION
Last Agent to Sell the Property
1st Choice Real Property License #471002369 Listed on: 07/03/2020
Last Buyer's Agent
Kevin Kwit
Realty Executives Elite License #475145693
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,062
Year Built
- Built in 1963 | Remodeled in 2017
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 25x125
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
- Parking Space is Owned
- Unassigned Parking
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
- H Flat
Building Details
- Fuel Expense $2,400
- Insurance Expense $1,500
- Trash Expense $720
- Water Sewer Expense $1,800
- Gross Income $40,000
- Net Operating Income $25,800
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2020
Closed on
Aug 17, 2020
Sold by
Bought by
Seller's Agent
Sam Tayabali
1st Choice Real Property
Buyer's Agent
Kevin Kwit
Realty Executives Elite
List Price
$249,900
Sold Price
$251,000
Premium/Discount to List
$1,100
0.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,750
Interest Rate
0.0362%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
0.0488%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 22, 2010
Sold by
Bought by
Purchase Details
Closed on
Dec 11, 2009
Sold by
Bought by
Purchase Details
Closed on
Oct 18, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
0.105%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 8, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,900
Interest Rate
0.0505%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 16, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $253,000 | Fidelity National Title | ||
| $96,000 | 1St American Title | ||
| -- | None Available | ||
| $122,000 | None Available | ||
| -- | Citywide Title Corporation | ||
| $159,000 | -- | ||
| $25,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $189,750 | ||
| Closed | $50,000 | ||
| Closed | $296,000 | ||
| Previous Owner | $142,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2020 08/28/20 | Sold | $251,000 | 0.0% | -- |
| 07/11/2020 07/11/20 | Pending | -- | -- | -- |
| 07/09/2020 07/09/20 | Off Market | $251,000 | -- | -- |
| 07/09/2020 07/09/20 | Price Changed | $259,900 | +4.0% | -- |
| 07/03/2020 07/03/20 | For Sale | $249,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,653 | $30,405 | $3,412 | $26,993 |
| 2024 | $10,653 | $30,405 | $3,412 | $26,993 |
| 2023 | $8,716 | $30,405 | $3,412 | $26,993 |
| 2022 | $8,716 | $20,202 | $2,941 | $17,261 |
| 2021 | $8,482 | $20,202 | $2,941 | $17,261 |
| 2020 | $8,973 | $20,874 | $2,941 | $17,933 |
| 2019 | $9,370 | $20,382 | $2,705 | $17,677 |
| 2018 | $9,062 | $20,382 | $2,705 | $17,677 |
| 2017 | $9,800 | $22,072 | $2,705 | $19,367 |
| 2016 | $6,733 | $14,257 | $2,353 | $11,904 |
| 2015 | $6,525 | $14,257 | $2,353 | $11,904 |
| 2014 | $6,386 | $14,257 | $2,353 | $11,904 |
| 2013 | $6,812 | $16,935 | $2,353 | $14,582 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Tayabali
-
K
Buyer's Agent in 2020
Kevin Kwit
Realty Executives
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10769548
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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